WHEAT - MINNEAPOLIS GRAIN EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 07/05/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       26,925
COMMITMENTS
   2,282    1,544      459   18,659   17,134   21,400   19,137    5,525    7,788

CHANGES FROM 06/28/05 (CHANGE IN OPEN INTEREST:     -1,184)
     496      396     -310     -821     -677     -635     -591     -549     -593

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     8.5      5.7      1.7     69.3     63.6     79.5     71.1     20.5     28.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       40)
       7        5        2       19       20       27       26
 

Updated July 8, 2005